Datang International Power Generation's net profit doubled year-on-year in the first half of the year, and the water supply situation for hydropower continues to improve. Interpretations of the financial report.

①Due to the decrease in fuel prices and the increase in new energy installation, Datang International Power Generation's net profit in the first half of the year increased by over 100% compared to the same period last year; ②In terms of project reserves, the company's approved capacity for wind power and photovoltaic projects exceeded 4,000 megawatts in the first half of the year, and the total capacity under construction exceeded 6,000 megawatts.

cls.cnAug 22 10:35 ET

Two departments promote the renewal of wind power equipment. The industry is expected to release 10GW of capacity.

①The National Development and Reform Commission and the National Energy Administration encourage the transformation and upgrading of wind farms that have been in grid operation for more than 15 years or have a single unit capacity of less than 1.5 megawatts. ②Industry insiders said that the scale of wind turbines meeting the above conditions is about 10GW, and starting from 2025, it will usher in a peak of wind turbine decommissioning.

cls.cnAug 21 06:12 ET

Two departments: The investment scale of energy-intensive equipment in key areas is expected to increase by more than 25% from 2023 to 2027.

By 2027, the investment scale of equipment in key areas of energy will increase by more than 25% compared to 2023. The key focus is on promoting the implementation of energy-saving transformation, heating transformation, and flexibility transformation of coal-fired power plants. Transmission and distribution, wind power, solar power, hydropower and other areas will achieve equipment renewal and technological transformation.

cls.cnAug 21 04:45 ET

Global restarts and domestic acceleration could bring billions of dollars in investment and the nuclear power industry chain is expected to benefit in the long term.

Under the high prosperity of the global nuclear power restart, China National Nuclear Power is catching up. Recently, 5 nuclear power projects with a total of 11 units were approved at one time, with an expected total investment of 200 billion yuan. In addition to CGN Power and China National Nuclear Power, industry chain enterprises such as Rongfa Nuclear Equipment, Harbin Electric Corporation Jiamusi Electric Machine, and Sufa Technology Industry are also benefiting from the high-prosperity industry.

cls.cnAug 20 23:43 ET

Are insurance funds copying everyone's "bottom"?

Acquiring shares in H-shares (listed in Hong Kong).

wallstreetcnAug 13 13:17 ET

Earnings Call Summary | CLP HOLDINGS LTD(CLPHY.US) Q2 2024 Earnings Conference

moomoo AIAug 5 14:50 ET · Conference Call